ACI
3I0-012 · Question #557
The major difference between futures and OTC instruments like FRAs and interest rate swaps is that futures are:
The correct answer is D. All of the above. See the full explanation below for the reasoning.
Question
The major difference between futures and OTC instruments like FRAs and interest rate swaps is that futures are:
Options
- AExchange-traded
- BGuaranteed
- CStandardised
- DAll of the above
How the community answered
(42 responses)- A17% (7)
- B7% (3)
- C5% (2)
- D71% (30)
Community Discussion
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